What loan types does Dragas Mortgage Company offer?

Dragas Mortgage Company offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing score and performance metrics.

Where does Dragas Mortgage Company offer mortgages?

Dragas Mortgage Company offers mortgages in 1 states: VA.

How competitive are Dragas Mortgage Company's mortgage rates?

Dragas Mortgage Company has an overall pricing score of 21.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Dragas Mortgage Company?

Dragas Mortgage Company is a Independent Mortgage Company headquartered in Virginia Beach, VA.

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Dragas Mortgage Company

Independent Mortgage Company•Virginia Beach, VAHQ•Direct•Reviews near you on Google

Dragas Mortgage Company has 109 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional · VA

Place

Strong

4/5

Single State · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Strong pull through performance

Things to Think About

Pricing may be below industry average
Higher than average fees ($4,461)

Explore another lender or local market

Report Card

Dragas Mortgage Company performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+1.7 bps above market avg

2/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

31 loans · 0.19% above market

Acceptable

Bottom 40% of lenders

2/5

FHA

26 loans · 0.10% above market

Sound

Top 60% of lenders

3/5

52 loans · 0.34% below market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

109 loans · 0.02% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Single State · 1 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Acceptable	Acceptable	Sound	31	28.4%	+0.188%Above	$4,251Fees
FHA Loans	Strong	Sound	—	Strong	26	23.9%	+0.104%Above	$4,340Fees
VA Loans	Strong	Strong	—	Exceptional	52	47.7%	-0.340%Below	$4,909Fees

Conventional

Overall

Acceptable

Product

Acceptable

Pricing

Acceptable

Pull Through

Sound

Volume31

Mix28.4%

Spread

+0.188%Above

Fees

$4,251Fees

FHA Loans

Overall

Strong

Product

Sound

Pricing—

Pull Through

Strong

Volume26

Mix23.9%

Spread

+0.104%Above

Fees

$4,340Fees

VA Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through

Exceptional

Volume52

Mix47.7%

Spread

-0.340%Below

Fees

$4,909Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Acceptable	Strong	109	100.0%	+0.017%Above	$4,461Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume109

Mix100.0%

Spread

+0.017%Above

Fees

$4,461Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

109

Applications

125

Volume

$38 million

Pricing & Closing

Avg Rate Spread

+0.017%

vs. market APOR

Avg Net Fees

$4,461

Origination − Credits

Pullthrough Rate

87.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$352,523

Avg Borrower Income

$134,349

Avg Property Value

$399,404

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

1Full-year 2024 · HMDA

Loans originated

< 100100+None

South1

Top Metro Areas by Place Specialization Score

Virginia Beach, VA-NCMetro

Volume 109Mix 100.00% of portfolio

76/100

Strong

Top States by Place Specialization Score

VirginiaState

Volume 109Mix 100.00% of portfolio

72/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.